This unique development opportunity features one parcel totaling 15,200 SF of land in the up and coming Leimert Park neighborhood.This offering presents a developer the opportunity to acquire a parcel located just across the street from the new Leimert Park Metro Station at a low price per square foot of $197. The parcel is zoned C1.5-1-SP in a Tier4 TOC area, allowing a developer to potentially build up to 69 units by utilizing the density bonus with an affordable component.The Leimert Park neighborhood continues to grow at a rapid pace with several major retail and mixed-use projects underway. 4421Crenshaw Boulevard is located just down the street from the Baldwin Hills Crenshaw Plaza, an 870,000 SF retail and restaurant center; as well as Marlton Square, a planned 22 acre mixed-use development; and District Square, another mixed-use development totaling 300,000 SF.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
